Can the “Rig” Survive and Economic War?

I did not plan to write another public article so soon after the last one but today’s topics are very important and very connected, in my opinion. I apologize for the length but I can’t make this stuff up, I just try to tie it together. First, we have been hearing the word “rigged” on a daily basis and pertaining to many facets of our life. We hear the word regarding markets, politics (specifically elections), our rule of law and judicial system, and even when it comes to lawmakers and bribery.

Bill Gross formerly of PIMCO, at one point managed the largest pool of money on the planet, he is no fool. I would also believe because of his fame, tenure and reputation, he would not lightly claim that markets are “rigged”. Not only has he claimed this for several months, he now says THE FED “has mastered market manipulation“! Please understand this is a VERY BIG statement on his part as he is (was?) a member of a very exclusive club (and we ain’t in it). Do you suppose he would risk his reputation and inclusion in “the club” lightly on just a suspicion? Or do you believe he is a man who firmly believes what he says and does so out of a steadfast conscience?

Speaking of “rigged”, there are those out there who will agree that ALL markets are rigged …except of course for gold and silver because “they would never do this” or “central banks could care less” about gold. It was just last week where we saw $1.5 billion worth of gold sold in just seconds …today we witnessed another $4.7 billion dumped all at once. Someone Just Dumped Almost $5 Billion Notional Gold Into The Futures Market. These two trades combined represent over 6% of global annual production or about 3 weeks worth. As I have said 20 times before, no one has this amount of gold to sell and no trader who wanted to keep his job would ever sell like this, period. You have again witnessed in your face manipulation!

The argument that all markets are rigged “except” gold and silver is hilarious. The rigging began in these markets for the simple reason they are the only credible threats and competition to fiat currency, namely the dollar. In order to keep the facade in place, the rigging has spread from market to market. If gold and silver were not suppressed, could we have zero percent interest rates …or the buying power that fiat currencies currently afford …or stocks at many multiples of book value and 20 times earnings? No, we would already be living in a very different world …and one that will certainly arrive when the rigs finally fail!

As for politics, do you truly believe the polls? Isn’t it odd that Donald Trump continues to hold standing room only/lines around the block to get in to rallies …while Hillary draws only a few hundred? Yet the polls do not reflect this dynamic at all? And of course we are being fed horse manure by the press, so stinky that the press themselves are talking about it. Even if you are a far left liberal, doesn’t the “American” in you tell you “something” is wrong regarding the lack of investigation into the Clinton Foundation and the blatantly stupid (and dangerous) actions of conducting government business on unsecure servers? (As a side note, I wonder how the press will react to her hacked e-mails that will surely be dumped?).

Before getting off of politics, I have been saying for quite some time, “if we have elections?” and recently said I believed it to be greater than a coin flip chance we do not have them. Lo and behold, this from a mainstream outlet! Crazy stuff huh? Even if you only get your news from facebook, you can sense the country is about to explode, left vs. right, racial strife, class strife, religious strife, even gender strife. Would we have an election if a major “terror” event occurred just before the election? Or I guess a better question would be, would a giant FALSE FLAG be enough to implement martial law …and postpone (cancel) the election? I find it hard to believe the mainstream press would ever ask if “the election could be delayed or eliminated”? Have they EVER asked this question publicly before? Are we being “prepped”???

Oh, and one more election related point. We are told that two states’ polling systems have been “hacked” …and that none other than Homeland Security (doesn’t the word “homeland” remind you of Germany a few years back?) will monitor the polls. Boy do I feel better! As soon as I read this one, my first thought was “it’s over”. They have shoved this down our throats, hook line and sinker! If this one flies, we can’t even blame Congress for “passing it so we can see what’s inside”…!

As the title suggests, we are now on the verge of economic WW III. The EU is pressing Apple for back taxes of $14.5 billion. I don’t get it, why now? This has been known for at least 10 years. I can remember John McCain suggesting we lower corporate tax rates or create an amnesty program where U.S. corporations are allowed to bring untaxed revenue back to home at far reduced rates…and that was 8 years ago!

Of course, the next question is “who is next“? We already have hints that McDonald’s and Amazon are in the crosshairs. Is this retribution for the U.S. fining BNP Paribas last year? Is this Europe’s plan to re liquefy their system? Can you imagine what this will do to our financial system should $100’s of billions be claimed and actually paid to the EU? WOW, what a wealth transfer. My next questions are, how will the U.S. react to this? Will this create an all out economic war? A hot war eventually? What will happen to the “rigs” in place on the markets? Will Europe attack our rigs and we attack theirs? Can the rigs survive an economic war?

Lastly, China reportedly just issued the first “SDR bond” in many many years. If nothing else, this is another step away from the dollar. China will soon be included in the SDR basket, this move looks to me like they are “bringing forth” the SDR and back into the system. It is almost like China is creating a new market, maybe even underwriting it if you will. In no way shape or form can this move be seen as dollar friendly. In fact, I am sure the U.S. did not invite China into the SDR and neither did they give blessing to the SDR bond issuance. I guess a funny question related to the body of this writing would be, how will the U.S. rig the SDR market?

Sadly, the U.S. has painted itself into a very ugly corner. The economic truth doesn’t work so the markets must be painted, bullied, and shackled. As our “rigs” have affected the rest of the world, they are pushing back. In some cases quietly and others quite publicly. The world sees us as “no more truth, no more justice and the American way has become lie, cheat and steal because you can get away with it.” The ugly truth provided from foreigners will expose our financially naked system and leave us as lonely pariahs stuck solo in a corner. Unfortunately, we as citizens will bear the brunt of all the lies piled up over the years as payment for a standard of living that never really was…

**** Update: Story broke last night that Deutsche Bank failed to deliver gold, if this is true it is game over. We await clarification as to what really happened and will comment at that point.

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5 Comments

Doug
on September 1, 2016 at 11:40 am

Bill,

I think you are right. I just think it will take more time to unravel. I am keeping an eye on the Deutsche Bank situation, and can’t imaging TPTB not secretly bailing it out to keep that thin veneer shiny, given the alternative. I recently read an article about DB where a prominent hedge fund manager had retired and had a dinner with someone who posts on financial matters. The retired hfm told him that the central banks learned a lesson from 2008, and therefore would literally do whatever it took to keep DB from failing. IMO, we have to assume that will be the case, and the collapse will therefore be from sovereigns that can’t hold it together despite their best efforts. Although I am ready, I don’t think it will all come down this year or next before that happens.

I read in Zero Hedge about Deutsche Bank refusing to deliver physical gold and I have also read an article on this subject which has just been issued by The Daily Express, a UK newspaper I have explored many other financial websites trying to find an article on this subject without success. Bearing in mind DB are the biggest bank in Europe I regard this failure to deliver physical gold despite their specific promise to do so enormously important. It is a classic example of the mainstream media refusing to publish hugely important articles on the subject of gold and silver. Let us hope this is the beginning of the end for the appalling manipulation of the gold price on Comex!

david
on September 1, 2016 at 9:44 pm

I wonder if DB actually has it and decided to just keep it and face the lawsuits?

Bing
on September 2, 2016 at 11:04 am

Dear Bill- Doesn’t it all seems so obvious when you see it written out in plain language? So- do we buy more metal BEFORE the Labor Day weekend, or wait for them to slam prices DURING the weekend? Or BOTH? Almost like you can’t go wrong….
Great writing- thank you!

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